Can You Recommend A Platform That Auto Converts Crypto Into GBP Bank Payments?

Hey Everyone - Does anyone here have experience or knowledge about crypto payment processors that support British Pounds and UK banks?

I currently need to find a reliable payment processor that can take crypto payments for businesses and automatically convert them into fiat (GBP) at high speed to be paid out to a UK bank account. As long as we have the crossover between the crypto world and fiat currencies, there will be a need for these kinds of services.

So far I have only been able to find Bitpay who do this actively - most other similar services don't pay out to GBP, only USD and Euros.

I am aware of [Coinspaid](https://coinspaid.com/processing/ too, but they aren't live for a few months and haven't replied to my contact attempt.

Bitpay seems ok but doesn't take a lot of cryptos and has a 2 day delay for payment processing (plus high minimum transaction amounts).

Ideally, one that supports Hive would be awesome, but if that's not possible then at least one that does more than BTC and ETH would be great.

Anyone?

Wishing you well,
Ura Soul

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stevelivingston (66) 3 years ago

Bottlepay has a business app coming soon....

$0.00

ura-soul (77) 3 years ago

Thanks, though they only appear to support BTC.

sbenbow (52) 3 years ago

I don't think anything exists at the moment for this.

I'm also interested in something that would take crypto and convert it to GBP - but the two main requirements are 1) low transaction fees (otherwise half the profits are gone!); and 2) quick transactions so that payment is confirmed before customers leave the premisis.

I know Crypto is volatile - but maybe even collecting the crypto and only converting to GBP every 2 or 4 hours would be fine (hoping that there is no crash in the interim!)

Fingers crossed something comes along as it would make crypto A LOT more mainstream for small businesses.

hanculture (-3)(1) 3 years ago

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